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Media attention, urban environmental regulation and corporate environmental responsibility

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  • Yan, Xinjie

Abstract

We investigate the effect of media attention and urban environmental regulation on corporate environmental responsibility fulfilment. Media attention and urban environmental regulation can significantly increase corporate environmental responsibility fulfilment probability and level. The synergistic effect between media attention and urban environmental regulation is shown, and both jointly promote corporate environmental responsibility fulfilment. The mechanism study shows that the synergistic effect enhances the probability and level of corporate environmental responsibility fulfilment by promoting corporate technological innovation and obtaining environmental protection subsidies from the government.

Suggested Citation

  • Yan, Xinjie, 2023. "Media attention, urban environmental regulation and corporate environmental responsibility," Finance Research Letters, Elsevier, vol. 58(PC).
    • Handle: RePEc:eee:finlet:v:58:y:2023:i:pc:s1544612323009042
    DOI: 10.1016/j.frl.2023.104532
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    References listed on IDEAS

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    2. Xiangan Ding, 2025. "“Disclosure more” or “authentic effort”: an empirical investigation of Chinese companies after being imposed with environmental administrative penalties," Economic Change and Restructuring, Springer, vol. 58(1), pages 1-24, February.
    3. Deng, Yu & Yu, Chenming & Zhong, Shengyang, 2025. "From government subsidies to media attention: A study of corporate environmental protection investment strategies driven by these two factors," International Review of Financial Analysis, Elsevier, vol. 104(PA).
    4. Liu, Shimeng & Xiong, Xiong & Gao, Ya, 2025. "Market-based environmental regulations and green innovation: Evidence from the pilot carbon markets in China," Research in International Business and Finance, Elsevier, vol. 77(PA).
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    7. Xu, Xiaoying & Jin, Mei & Gong, Xinshu, 2024. "Local environmental goal constraint intensity and corporate ESG performance: An empirical observation based on China," Finance Research Letters, Elsevier, vol. 62(PB).
    8. Yang, Jichen & Gu, Yali, 2024. "Peer spillovers of environmental penalties - Evidence from green mergers and acquisitions," Finance Research Letters, Elsevier, vol. 69(PB).
    9. Liao, Zhaoguang & Xiao, Luan, 2025. "Government environmental regulation, media attention, and corporate green innovation," International Review of Economics & Finance, Elsevier, vol. 97(C).
    10. Liu, Liyuan & Ge, Mei & Ding, Ziran, 2024. "Impacts of online media and investor attention on enterprise green innovation," International Review of Economics & Finance, Elsevier, vol. 96(PA).
    11. Chai, Shanglei & Zhou, Qianqian & Ji, Qiang & Liu, Zuankuo & Liu, Changyu & Chu, Wenjun, 2025. "Inhibition or inducement? The impact of carbon emissions trading scheme (ETS) on corporate earnings management from the perspective of public pressure," International Review of Financial Analysis, Elsevier, vol. 101(C).
    12. Zhu, Fengzhan & Zhang, Dan & Li, Li, 2025. "Effects of digital media development on corporate financial behavior: Moderating role of corporate social responsibility," Finance Research Letters, Elsevier, vol. 74(C).
    13. Zhu, Jing & Zhang, Chen & Zhao, Jingsong & Sun, Jiaojiao, 2024. "The impact of digital carbon communication on market response to carbon disclosure: The moderating effects of external supervision," Finance Research Letters, Elsevier, vol. 67(PB).
    14. Tang, Weiran & Tang, Maolin, 2025. "Media attention, internal control quality, and legal litigation," Finance Research Letters, Elsevier, vol. 73(C).
    15. Wang, Guancheng & Feng, Xun & Tian, Li Grace & Tu, Yongqian, 2024. "Environmental regulation, green technology innovation and enterprise performance," Finance Research Letters, Elsevier, vol. 68(C).

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